What do you need to know before you start

Before diving into the world of automated investing with RebalanceNow.io, there are a few key concepts you should be aware of:

  • Baskets for Rebalancing: Coins that you want to rebalance together are grouped into what we call a "basket." Each basket represents a collection of assets that will be managed and rebalanced as a single unit. It’s important to carefully select the coins you include in a basket, as the automated rebalancing will apply to all assets within that group.

  • Automation Reflects Your Setup: The actions you automate within RebalanceNow.io will execute exactly as you’ve configured them. This means that any automated rebalancing or adjustments will follow the rules and parameters you’ve set. Take your time to ensure your settings align with your investment goals and risk tolerance.

  • Portfolio Overview: The Portfolio menu item provides a comprehensive view of your holdings across various exchanges. It shows you the current status of all your assets, helping you keep track of what you own and where it’s located.

  • Rebalancing Settings: In the Rebalancing menu, you can configure all your rebalancing parameters. This is where you set the thresholds, schedules, and specific rules for how you want your baskets to be managed. The rebalancing feature is one of the core tools of RebalanceNow.io, ensuring your investments stay aligned with your strategy.

Enjoy the following chapters as we dive into the Basics of RebalanceNow.

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